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15th death anniv of MA Samad today


Published : 16 Oct 2020 08:22 PM

Today (October 17) is the 15th death anniversary of MA Samad, founder of Bangladesh General Insurance Company Ltd (BGIC), said a press release.

He established BGIC, the first privately-owned insurance company in independent Bangladesh after his retirement as the managing director of sate-run Jiban Bima Corporation.

He was the founder director of Bangladesh Insurance Academy and former chairman of Bangladesh Insurance Association.

MA Samad authored two books in Bengali: one on life insurance and another on general insurance.

He also wrote two textbooks in English on life insurance. Being a legend of life insurance sector, he contributed a lot for General insurance through his merits and intellects.

MA Samad was an enlisted International Expert in the Technical Assistance Program on Trade and Development of the United Nations.

He visited most of the insurance training institutions in UK and USA under UNDP fellowship program.

MA Samad was born at Kulaura of Moulvibazar in a respectable Muslim family on  January 1, 1923.